Oil & Gas industry11 hrs agoUK waters down new Russian oil sanctions as fuel prices riseThe change reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.11 hrs ago11 hrs agoWhat's happening to UK petrol and diesel prices?Motoring group RAC warns pump prices could keep rising if there is no resolution to the Iran war.11 hrs ago2 days agoFirm fined after North Sea worker fell to death through hole in rigJason Thomas, 50, fell through a displaced grating on the Valaris 121 in 2023.2 days ago7 May 2026Shell latest oil giant to see profits surge due to Iran war impactThe energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price 7 May 20267 May 2026What is the windfall tax on oil and gas companies?The levy was introduced in 2022 after soaring energy company profits and is due to run until 2030.7 May 20266 May 2026Gas tax: How beer fuelled a debate on Australia's energy giantsCampaigners say Australia is giving away its gas 'for free' and should tax exports like Norway and Qatar.6 May 20265 May 2026Warning failure to maintain North Sea pipe 'could cause explosion'The health and Safety Executive issued two companies with improvement notices.5 May 20263 May 2026In five charts: How UAE's exit could affect Opec's influence over the oil priceThe BBC takes a look in charts at what the UAE's departure could mean for the oil cartel and more widely.3 May 20261 May 2026No evidence of widespread fuel price-gouging, watchdog saysProfit margins were "broadly unchanged" between February and March, the UK's competition watchdog says.1 May 2026...